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Financial Futures
Contract Detail
Description
Specifications
Margins
Termination Schedule
 
Trading Unit
The Contract Unit will be the number of Colombian Pesos/U.S. Dollar as determined by Final Settlement Price which shall be set at the value of the Colombian official exchange rate – TRM (also known as the Colombian Peso Index) as published by Superintendencia Financiera de Colombia.
Price Quotation
U.S. dollars and cents.
Contract Value
$25.00 times TRM Value
Minimum Tick
0.1 index point or $2.50 contract value
Trading Hours (All times are New York time)
The contract is available for trading on the NYMEX ClearPort® trading platform from 6:00 PM Sundays through 5:15 PM Fridays, with a 45-minute break each day between 5:15 PM and 6:00 PM. Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as an exchange of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and the day preceding a holiday.
Termination of Trading
Trading ceases at the close of NYMEX ClearPort® trading and clearing hours on the third Wednesday of the contract month. In the event that the third Wednesday is a Colombian Banking holiday, termination will occur on the business day immediately preceding the third Wednesday.
Settlement
Financial
Trading Symbol
VE
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